Annual Revenue: $543,543
Net Cash Flow: $174,389
Location: Rockingham County, New Hampshire
This company has been sold. This business is a favorite of the EPA as they recover oil from restaurants and then process and resell it for multiple uses. In addition, they clean the internal grease traps, which is a value add and leads to the profitable oil recovery business. They serve approximately 600 restaurant customers in MA, NH, and ME, all within an hour from their location. All customers are serviced monthly, creating a predictable, recurring revenue stream. Recent federal tax credits would result in an increase of $60,000 net income at the current business volume.
Reason For Sale:
Training & Support:
The seller will provide a transition to ensure that the next owner is successful.
Monthly Rent: 1500
Square Footage: 2000
They have strong relationships with their customers and there is plenty of growth potential to be tapped.
With the current operation their is capacity to double the volume. The business could be tripled in 3 years and growth is limited only by the ambition of the buyer.